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Old May 29th 07, 02:19 PM posted to rec.aviation.piloting
Matt Barrow[_4_]
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Posts: 1,119
Default OT NY Times Story on Pilot Population Decline


"Montblack" wrote in message
...
("601XL Builder" wrote)
FDR's "New Deal" didn't pull the US out of the depression. WWII did.



My understanding of Depression era events hold that 'recovery'(?) was well
underway by mid 1939.

...depending, of course, what yardstick you use.

The Dow Jones Industrial Average did not return to the level it held in
October, 1929 until:

a) 1939
b) 1943
c) 1948
d) 1951
e) 1954

Adjusted for inflation, the DJIA did not recover it's full value until:

a) 1943
b) 1949
c) 1954
d) 1958
e) 1962